WBD insider sale: 1.58M Class A shares reported

Rhea-AI Filing Summary

Warner Bros. Discovery reported insider transactions on a Form 144. The filing shows a sale of 1,580,331 Class A shares for $44,244,231.28 on 03/04/2026. The filing also lists 41,784 Class A shares tied to restricted stock vesting dated 03/06/2026.

Insights

Corporate Governance Analyst

Form 144 records insider selling and a related restricted stock vesting.

The filing lists a prior sale of 1,580,331 Class A shares for $44,244,231.28 on 03/04/2026 and a separate restricted stock vesting of 41,784 Class A shares on 03/06/2026.

These are disclosure items: cash‑flow treatment for the vesting and any planned market sales are not detailed here; subsequent filings may provide trade method or further disposition details.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did the WBD Form 144 disclose about recent insider activity?

The filing discloses a sale and a vesting event. It shows a sale of 1,580,331 Class A shares for $44,244,231.28 on 03/04/2026 and a restricted stock vesting of 41,784 Class A shares dated 03/06/2026.

Who is the reporting person on the WBD Form 144 and what was sold?

Bruce Campbell is listed as the reporting person. The filing records he sold 1,580,331 Class A shares on 03/04/2026 for $44,244,231.28, per the Form 144 disclosure.

Does the WBD Form 144 state how the restricted shares were issued?

The filing ties the 41,784 Class A shares to restricted stock vesting. It specifies the vesting date as 03/06/2026 and lists the issuer as the source, consistent with compensation-related issuance.

Are proceeds or sale methods detailed in the WBD Form 144?

The filing shows the sale amount for the prior transaction only. It reports $44,244,231.28 tied to the 1,580,331 share sale; the Form 144 excerpt does not describe the sale method or use of proceeds.

Will the WBD Form 144 affect outstanding share counts or dilution?

This Form 144 provides transaction disclosure only. It lists the sold and vested shares but does not provide an outstanding share total or quantify dilution; those metrics appear in other filings or company disclosures.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/09/2026 - 11:56 AM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001421985
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Warner Bros. Discovery, Inc.
SEC File Number	001-34177
Address of Issuer	230 PARK AVENUE SOUTH NEW YORK NEW YORK 10003
Phone	212-548-5555
Name of Person for Whose Account the Securities are To Be Sold	Campbell Bruce
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	41784	1162629.93	2479929515	03/09/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A	03/06/2026	Restricted Stock Vesting	Issuer			41784	03/06/2026	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Bruce Campbell 230 Park Avenue South New York NY 10003	Class A	03/04/2026	1580331	44244231.28

144: Remarks and Signature

Remarks
Date of Notice	03/09/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Jared Cook, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Bruce Campbell
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)